Page:United States Statutes at Large Volume 52.djvu/1014

 52 STAT.] 75Tr CONG. , 3D SESS.-CHS. 600, 601-JUNE 23, 1938 "SEC. 1107. Whoever, for the purpose of obtaining any loan or advance of credit from any person, partnership, association, or cor- poration with the intent that such loan or advance of credit shall be offered to or accepted by the Commission for insurance, or for the purpose of obtaining any extension or renewal of any loan, advance of credit, or mortgage insured by the said Commission, or the accept- ance, release, or substitution of any security on such a loan, advance of credit, or for the purpose of influencing in any way the action of the said Commission under this title, makes, passes, utters, or pub- lishes, or causes to be made, passed, uttered, or published any state- ment, knowing the same to be false, or alters, forges, or counterfeits, or causes or procures to be altered, forged, or counterfeited, any instrument, paper, or document, or utters, publishes, or passes as true, or causes to be uttered, published, or passed as true, any instrument, paper, or document, knowing it to have been altered, forged, or coun- terfeited, or willfully overvalues any security, asset, or income, shall be guilty of a misdemeanor and punished as provided under section 806 (b) of this Act. "SEC. 1108. The Commission is authorized and directed to make such rules and regulations as may be deemed necessary or appropriate to carry out the purposes and provisions of this title. "SEC. 1109. There is hereby authorized to be appropriated the sum of $1,000,000 and such further sums as may be necessary to carry out the provisions of this title." Approved, June 23, 1938. [CHAPTER 601] AN ACT To create a Civil Aeronautics Authority, and to promote the development and safety and to provide for the regulation of civil aeronautics. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act, divided into titles and sections according to the following table of contents, may be cited as the "Civil Aeronautics Act of 1938": TABLE OF CONTENTS TITLE I-GENERAL PROVISIONS Sec. 1. Definitions. Sec. 2 . Declaration of policy. Sec. 3 . Public right of transit. TITLE II-ORGANIZATION OF AUTHORITY Sec. 201. Creation of Authority. (a) Appointment of members of Authority. (b) Administrator. (c) Qualifications of members. (d) Quorum, principal office, and seal. Sec. 202. Organization of Authority. (a) Officers and employees. (b) Temporary personnel. Sec. 203. Personnel, property, and appropriations. (a) Personnel and property. (b) Appropriations. Sec. 204. Authorization of expenditures and travel. (a) General authority. (b) Purchase of aircraft. (c) Travel. Sec. 205. General powers and duties of the Authority. (a) General powers. (b) Cooperation with State aeronautical agencies. (c) Exchange of information. (d) Publications. Sec. 206. Annual report. 973 Misrepresentations. Penalty provision. 49 Stat. 2014 . Rules and regula- tions. Appropriations au- thorized. Post, p. 1119. June 23, 1938 [S. 3845] [Public, No. 706J civil Aeronautics Act of 1938. Table of contents. Title I-(leneral Provisions, p. 977. Title II- Organiza- tion of Authority, p. 980.

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